TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer awaits ConAgra Foods' (CAG - Get Report) quarterly results, set to be released on Thursday before the markets open. 'ConAgra has totally reconfigured itself,' Cramer said, adding that while the company isn't as strong as General Mills (GIS - Get Report) or Campbell Soup Company (CPB - Get Report) , he thinks the restructuring of ConAgra is unlocking plenty of value.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.